U.S. Stock Market personal finance tips: Wall Street investors may think over these key 5 points during weekend before Monday trading

In this news:

Key takeaways

  • Wall Street is preparing for upcoming updates on the jobs market, inflation, and consumer confidence.
  • The personal consumption expenditures price index for August will be released on Wednesday.
  • Microsoft and other AI-related technology stocks helped lift the S&P 500 and Nasdaq higher.

U.S. Stock Markets brought much needed joy for the investors over the weekend after the affirmative closings on Friday. However, Wall Street is set for a hectic week ahead. There will be key updates on the jobs market, inflation, and consumer confidence. This comes after Wall Street ended higher on Friday, lifted by Microsoft and other AI-related technology stocks, while high oil prices and a recent surge in US Treasury yields kept investors on edge.

Jobs market and inflation data

There will be important updates on consumer confidence, jobs market, and inflation. The reports could help provide a clearer picture on how consumers are handling higher prices on a wide range of products and services, along with whether employment and wages remain resilient.

On Wednesday, the U.S. will release a key inflation report, the personal consumption expenditures price index, for August. The PCE is closely monitored by Wall Street and the Federal Reserve. Inflation remains stubbornly above 3 per cent and the Federal Reserve recently raised interest rates in an effort to tame high prices. The central bank has a target rate for inflation of 2 per cent.

High gasoline prices have been fueling a broader jump in inflation, squeezing household budgets and sapping consumer confidence. The U.S. war with Iran has stifled global oil supplies since late February. It has a direct impact via higher gasoline prices, but higher fuel costs also make shipping more expensive. That raises prices for everything from food to clothing.

Consumer confidence survey and Federal Reserve decisions

Business group The Conference Board will release its consumer confidence survey for September on Tuesday. The survey has revealed shaky confidence from consumers throughout the year. In August, confidence slipped to its lowest level in seven months.

The U.S. releases its monthly employment report for September on Friday. The jobs market has been among the more resilient areas of the economy, but it has started to show more signs of stress. Wage growth has been slowing, which makes it harder for workers to deal with the impact of rising inflation.

Data also showed strong AI-related capital expenditures boosted demand for key manufactured capital goods, outpacing expectations in August. Brent crude eased but remained above $100 a barrel. The yield on the benchmark US 10-year Treasury note hit a fresh 19-year high and was last up 3.4 basis points at 5.196 per cent.

Traders see a 66 per cent chance of the Federal Reserve increasing interest rates by at least 25 basis points in October, up from around 50 per cent earlier this week, the CME Group's FedWatch Tool showed.

Volatile week in U.S. stock market

Gains in the S&P 500 and Nasdaq capped a volatile week driven by uncertainty about what industries will win and lose from artificial intelligence, and by concerns about the US war with Iran and a surge in US Treasury yields.

The S&P 500 climbed 0.51 per cent to end the session at 7,743.41 points. The Nasdaq gained 0.48 per cent to 27,068.72 points, while the Dow Jones Industrial Average rose 0.93 per cent to 51,828.62 points.

Seven of the 11 S&P 500 sector indexes rose, led by information technology, up 0.91 per cent, followed by a 0.6 per cent gain in industrials. The S&P 500 gained 1.2 per cent for the week, while the Nasdaq rose 2 per cent for the week after it notched a record-high close on Tuesday.

The S&P 500 this week has traded just under 19 times expected earnings, its lowest valuation since 2023, according to LSEG data. AI-related heavyweights are responsible for much of the recent increase in earnings expectations.

Top stocks to watch out

Microsoft rallied 3.7 per cent, lifting its 2026 gain to 7 per cent, after the software giant unveiled several new capabilities in its Copilot app, including a coding tool and an always-on AI agent. Chip maker Qualcomm gained 4 per cent and Dell advanced 5 per cent.

Akamai Technologies rallied 3.2 per cent after an $11.6 billion cloud services deal with AI leader Anthropic. The deal includes a warrant that could give Anthropic up to 5 per cent of Akamai.

Meta Platforms dipped 3.3 per cent. The social media company's stock soared about 13 per cent this week amid a strong reception to its Muse AI agent, which analysts say could benefit tech infrastructure stocks, while challenging banks, online shopping platforms and other consumer businesses.

Share the article:

Top Trending Cryptocurrencies on The Market

Current Price

$0.5046

7 Days
SHFL 7 days: -0.47%

Market Cap

$248.3M 2.06%

24h Volume

$1.7M

Supplies

919.3M / 1.0B

Current Price

$0.4616

7 Days
JTO 7 days: +0.72%

Market Cap

$246.1M -4.76%

24h Volume

$32.3M

Supplies

1.0B / ∞

Current Price

$0.000001174

7 Days
APEPE 7 days: +0.13%

Market Cap

$245.8M 0.00%

24h Volume

$16.4M

Supplies

210.0T / 210.0T

Current Price

$0.2457

7 Days
TIBBIR 7 days: +46.16%

Market Cap

$245.6M -4.35%

24h Volume

$3.2M

Supplies

999.9M / 1.0B

Current Price

$3.704

7 Days
AR 7 days: -1.02%

Market Cap

$243.8M -3.52%

24h Volume

$12.4M

Supplies

65.7M / 66.0M

Current Price

$5.587

7 Days
ENS 7 days: +2.19%

Market Cap

$236.4M -1.52%

24h Volume

$8.3M

Supplies

100.0M / 100.0M

Current Price

$1.025

7 Days
SAFO 7 days: +0.08%

Market Cap

$236.1M 0.01%

24h Volume

-

Supplies

230.4M / ∞

Current Price

$0.04084

7 Days
KMNO 7 days: +22.96%

Market Cap

$235.8M 2.15%

24h Volume

$25.6M

Supplies

10.0B / 10.0B

Current Price

$0.000000236

7 Days
NFT 7 days: -0.62%

Market Cap

$233.4M -0.41%

24h Volume

$4.2M

Supplies

990.1T / 1000.0T

Current Price

$0.00002392

7 Days
FLOKI 7 days: +0.5%

Market Cap

$230.8M -3.37%

24h Volume

$14.9M

Supplies

9.6T / 20.0T

Current Price

$2.467

7 Days
CVX 7 days: +31.31%

Market Cap

$230.6M -5.40%

24h Volume

$4.7M

Supplies

100.0M / 100.0M

Current Price

$0.1959

7 Days
SYRUP 7 days: -2.39%

Market Cap

$228.9M -2.10%

24h Volume

$8.1M

Supplies

1.3B / ∞

Notifications Login to see

Today

No Notifications

↑